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  • Financial Date Template

    My client's sources of revenue are mainly form purchasing accounts receivable at a discount. Should I ent...

    0 Community Answers Mar 17, 2018 03:00AM MDT
  • Financial Date Template

    I am preparing the financial statements for my client seeking initial FHA approval. Does HUD require to repor...

    1 Agent Answer 0 Community Answers Mar 17, 2018 02:34AM MDT
  • NMLS Quarterly Call Reports

    If a conventional mortgage loan that was closed in the 2nd quarter of a year, but hasn't been funded, was...

    1 Agent Answer 0 Community Answers Mar 15, 2018 08:59AM MDT
  • FHA Loan Sample and Brokered Loans

    In selecting a sample for loan origination and loan settlement testing. Should the population of FHA loans fo...

    1 Agent Answer 0 Community Answers Dec 13, 2017 10:01AM MST
  • ESOP

    Good afternoon! An FHA lender client is looking into an ESOP. If they sell into an ESOP trust they will hav...

    1 Agent Answer 0 Community Answers Aug 01, 2017 11:50AM MDT
  • Net Worth Requirement for Multifamily Lender

    My understanding of the net worth requirement (and as indicated in the samples in the attachments to Chapter 7...

    1 Agent Answer 0 Community Answers Mar 27, 2017 01:20PM MDT
  • Branch Office Operations - Compensation

    If the individual responsible for providing compliance for a Lender has a loan license and occasionally origin...

    1 Agent Answer 0 Community Answers Mar 02, 2017 01:21PM MST
  • FHA Minimum Investment

    Can the MIP payment be counted toward the 3.5% minimum investment requirement? I'm seeing some lenders...

    1 Agent Answer 0 Community Answers Jan 23, 2017 08:50AM MST
  • Notes for and valuation of IRLC and MLHS derivatives

    Virtually all my lender clients obtain Best Efforts Contracts/Commitments from secondary market investors to e...

    0 Community Answers Jan 13, 2017 07:23AM MST
  • Loan file review

    I have a two questions on sampling of lender loan files for compliance. 1. The HUD audit guide is not clear...

    1 Agent Answer 0 Community Answers Sep 23, 2016 08:02AM MDT
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